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Monday, June 26, 2017

Troubled Air-Bag Maker Takata Files for Bankruptcy in Japan and the U.S. – WSJ

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Takata filed for bankruptcy protection in Japan and the U.S. and said it would sell most of its operations to a rival, nearly nine years after it began a global recall of rupture-prone automotive air bags.
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@WSJRisk: Breaking: Takata files for U.S. bankruptcy protection in effort to stay afloat after recalling millions of air bags on.wsj.com/2rRJh4J
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@WSJ: Breaking: Takata files for U.S. bankruptcy protection in effort to stay afloat after recalling millions of air bags on.wsj.com/2taEVJN
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